Ming Le (Germany) Performance
| ML2 Stock | EUR 1.39 0.07 4.79% |
On a scale of 0 to 100, Ming Le holds a performance score of 8. The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ming Le are expected to decrease at a much lower rate. During the bear market, Ming Le is likely to outperform the market. Please check Ming Le's skewness, daily balance of power, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Ming Le's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ming Le Sports are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Ming Le unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 1.0900 | |
| Fifty Two Week High | 1.5400 |
Ming |
Ming Le Relative Risk vs. Return Landscape
If you would invest 109.00 in Ming Le Sports on August 28, 2024 and sell it today you would earn a total of 30.00 from holding Ming Le Sports or generate 27.52% return on investment over 90 days. Ming Le Sports is generating 0.4564% of daily returns assuming 4.4238% volatility of returns over the 90 days investment horizon. Simply put, 39% of all stocks have less volatile historical return distribution than Ming Le, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ming Le Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ming Le's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ming Le Sports, and traders can use it to determine the average amount a Ming Le's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1032
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Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ming Le is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ming Le by adding it to a well-diversified portfolio.
About Ming Le Performance
Assessing Ming Le's fundamental ratios provides investors with valuable insights into Ming Le's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Ming Le is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Ming Le Sports performance evaluation
Checking the ongoing alerts about Ming Le for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ming Le Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ming Le Sports may become a speculative penny stock | |
| Ming Le Sports had very high historical volatility over the last 90 days |
- Analyzing Ming Le's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ming Le's stock is overvalued or undervalued compared to its peers.
- Examining Ming Le's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ming Le's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ming Le's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ming Le's stock. These opinions can provide insight into Ming Le's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ming Stock Analysis
When running Ming Le's price analysis, check to measure Ming Le's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ming Le is operating at the current time. Most of Ming Le's value examination focuses on studying past and present price action to predict the probability of Ming Le's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Le's price. Additionally, you may evaluate how the addition of Ming Le to your portfolios can decrease your overall portfolio volatility.